Base amount
The price base amount inflation proofs service pensions.
In 1999, ‘base amount’ was renamed ‘price base amount’.
There are three kinds of base amount:
- the price base amount, which is used to compute the service pension
- the inflation-adjusted price base amount, which is used to compute income earning pension credits and pension points
- the income base amount, which is used to compute the highest income earning pension credits.
The size of the base amounts
Base amounts from year 2004 to 2009
| Year |
Price
base
amount |
Inflation-
adjusted
price base
amount |
Income
base
amount |
| 2009 |
42 800 |
43 600 |
50 900 |
| 2008 |
41 000 |
41 800 |
48 000 |
| 2007 |
40 300 |
41 100 |
45 900 |
| 2006 |
39 700 |
40 500 |
44 500 |
| 2005 |
39 400 |
40 300 |
43 300 |
| 2004 |
39 300 |
40 100 |
42 300 |
The tracking index inflation proofs national pension
Tracking indexation is used to adjust income pension and supplementary pension (formerly ATP and basic pension) upwards. This means that the pensions are adapted to the national development of pay. The basis of the tracking indexation comprises a so-called ‘income index’. This is based on the national development of pay and prices. An increase in the income index comprises the “interest” for the pension retention under the new pension system. An index change also results in an income pension change the day the pension is collected.
The size of the amounts
Income and tracking index year 2004 to 2009
| Year |
Income index |
Tracking index |
| 2009 |
139.26 |
4.5 % |
| 2008 |
131.18 |
2.8 % |
| 2007 |
125.57 |
1.6 % |
| 2006 |
121.65 |
1.1 % |
| 2005 |
118.41 |
0.8 % |
| 2004 |
115.64 |
1.8 % |
The Social Insurance Office has been assigned to compute and propose the income index, which will subsequently be confirmed by the Government. You can obtain further information about the price base amount, inflation-adjusted price base amount and income base amount from the Social Insurance Office´s website »
Updated: 4/28/2010